Bitcoin / TetherUS

Bitcoin: Not a clear long or short

195
Bitcoin seems to have made a huge whipsaw this morning (or evening, depending on your time zone). Anyways, Bitcoin seems to have broken the trend line, as shown in the chart, yet Bitcoin is still staying in the Fibonacci "Golden Pocket." If the Golden Pocket plays out again and Bitcoin rises back above 39500-40000, it's an obvious long, but if bulls fail to take over, expect a nosedive, possibly to 37500?

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